Muniz Quintanilla Daniel 4
Research Summary
AI-generated summary
Sunshine Silver (SSMR) Director Daniel Muniz Quintanilla Receives Award
What Happened Daniel Muniz Quintanilla, a director of Sunshine Silver Mining & Refining Co. (SSMR), was granted 8,929 restricted stock units (RSUs) on 2026-06-05. The Form 4 reports the award as an acquisition at $0.00 per unit (no cash paid). These RSUs are a contingent right to receive one share each upon vesting; they are not immediate shares and therefore do not represent an immediate open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-05; Filing date (Form 4): 2026-06-08 (appears timely).
- Instrument: 8,929 RSUs (reported as Award/Grant, code A) at $0.00 per unit.
- Cash consideration: $0 (RSUs granted, not purchased).
- Shares owned after transaction: not disclosed in the filing.
- Footnote: RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day before the Issuer’s 2027 Annual Meeting, subject to continued service as a director.
Context RSUs represent a promise to deliver shares in the future if vesting conditions are met; they do not increase the director’s voting power or liquidity until converted to shares. Awards to directors are common compensation; this filing documents the grant but does not by itself indicate buying or selling sentiment.